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. >>> the country has gone over the so-called fiscal cliff. as the midnight deadline for a deal came and went. and now the house is expected to vote on the bill today. >>> plus-- two separate shootings. and at least ten people arrested for public intoxication in san francisco. as the city rang in the new year. a live >>> and taking a live look outside from our roof camera. glancing back at san >>> shots fired in two separate incidents in san francisco as the city celebrated the >>> officers have also arrested at least ten people in the embarcadero area for public intoxication and other misdemeanors. >>> to get you more news faster we turn to kron-four solo >>> police say two people died and three others were injured in a new year's eve shooting. after a fight in a restaurant in the old sacramento area. it happened last night outside the sports corner cafÉ. police say some 40-thousand people were gathered in old sacramento for a fireworks show when the gunfire erupted. officials then canceled the midnight celebration. police are still searchin
. >>> the country has gone over the so-called fiscal cliff. as the midnight deadline for a deal came and went. and now the house is expected to vote on the bill today. >>> plus-- two separate shootings. and at least ten people arrested for public intoxication in san francisco. as the city rang in the new year. a live >>> and taking a live look outside from our roof camera. glancing back at san >>> shots fired in two separate incidents in san francisco as the...
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a quick look at the headlines beginning with breaking news on the fiscal cliff. the senate voted overnight approving a deal to head off tax increases on the middle class. under the agreement taxes would go up only on those making more than $400,000. the deal now goes to the house where a vote is expected today. >>> doctors in new york are giving new details about the condition of secretary of state hillary clinton. she's in the hospital being treated for a blood clot that formed near her brain. she's expected to make a full recovery. >>> icy conditions were a new year's eve hazard for air passengers in kansas city. planes had to be de-iced during a snowstorm at the airport. its forecast to remain cold through the week and drivers are being warned about the dangers of black ice this morning. >>> there will be storms and flooding along the gulf coast and into the carolinas today and very cold temperatures remain in the nation's midsection. >> that's the latest. >> all right now that we've put 2012 to bed. we want to find out what's going to be hot in 2013. lara act
a quick look at the headlines beginning with breaking news on the fiscal cliff. the senate voted overnight approving a deal to head off tax increases on the middle class. under the agreement taxes would go up only on those making more than $400,000. the deal now goes to the house where a vote is expected today. >>> doctors in new york are giving new details about the condition of secretary of state hillary clinton. she's in the hospital being treated for a blood clot that formed near...
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investors were encouraged by signs of a deal on the fiscal cliff talks and we will know later today if that happened for sure. >>> gasoline prices, also soared this past year to their highest ever. aaa says the average price is $3.29 a gallon. that is less than the two cents higher than it was a year ago. but gas was 65 cents a gallon more last april, almost $4, the low came 12 days ago. >>> and the new year brings a standoff over health care coverage. the craft store chain hobby lobby could face fines as much as $1.3 million a day starting today in a battle over a new mandate. the company won't let its insurance cover morning after contraception. its owners say it violates their beliefs. >>> amazon is apologizing for the christmas eve outage on net flicks. they host many commercial websites including netflix and many customers said poor timing. won't able to access movies well through christmas day which is pretty much what we do on christmas day is watch movies. netflix had more problems yesterday, this time on its dvd websites and not caused by amazon. so they can't point the finger
investors were encouraged by signs of a deal on the fiscal cliff talks and we will know later today if that happened for sure. >>> gasoline prices, also soared this past year to their highest ever. aaa says the average price is $3.29 a gallon. that is less than the two cents higher than it was a year ago. but gas was 65 cents a gallon more last april, almost $4, the low came 12 days ago. >>> and the new year brings a standoff over health care coverage. the craft store chain...
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cliff deal. they passed it early this morning and we're going to talk more about that with neil from role call. he is here with the latest on that. thank you for coming in and talking with us. the senate has approved this and now it goes to the house at some point today. what are the odds that we'll be done with this and what are the odds this is good luck to keep going and keep going and keep going? >> what we saw last night as the senate unveiled its plan and voted on the plan in the wee hours of this morning, we've all lost track of time, we were in the capitol when this was going on, the house leadership came out with a statement that said they would consider the legislation. >> that doesn't sound good. >> they also said they were open to the possibility of promptly amending the legislation which would kick it back to the senate to deal with by thursday. and so we may not be out of the woods yet in terms of how this fiscal cliff deal came together and in any event we still haven't seen congre
cliff deal. they passed it early this morning and we're going to talk more about that with neil from role call. he is here with the latest on that. thank you for coming in and talking with us. the senate has approved this and now it goes to the house at some point today. what are the odds that we'll be done with this and what are the odds this is good luck to keep going and keep going and keep going? >> what we saw last night as the senate unveiled its plan and voted on the plan in the...
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senate overwhelmingly passed a budget deal to avert the physical cat cliff -- fiscal cliff which would increase taxes and set into motion deep spending cuts. this is video of vice president joe biden after a meeting with top senate leaders. but the house of representatives has to vote on the measure. they left capitol hill yesterday without approving deals. so can congress get this done and finalize today? the deadline is passed and we could know by lunchtime today. here's ed payne with -- pain with -- payne with more on the story. >> reporter: at the stroke of midnight, many americans were celebrating and ringing in the new year. but the mood in washington was much more serious.vice president joe biden went to capitol hill monday night after senate leaders struck a deal with the white house. >> happy new year. >> reporter: the senate went back into session and around 2 a.m. the vote was in. >> the bill as amended is passed. >> reporter: in an 89-8 vow they approve a measure -- vote, they approveed a measure -- he proved a measure to keep bush era tax cuts for those earning less than 4
senate overwhelmingly passed a budget deal to avert the physical cat cliff -- fiscal cliff which would increase taxes and set into motion deep spending cuts. this is video of vice president joe biden after a meeting with top senate leaders. but the house of representatives has to vote on the measure. they left capitol hill yesterday without approving deals. so can congress get this done and finalize today? the deadline is passed and we could know by lunchtime today. here's ed payne with -- pain...
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but there was an early morning vote on a deal to get us off the fiscal cliff. in just a moment, exactly what senators agreed to and why we're not out of the woods just yet. first, welcome back to news4 today and happy new year to you folks. i'm aaron gilchrist. >> i'm erika gonzalez in for eun yang. >> there's a party. hundreds of people gathering for the annual first-night celebration in alexandria. fireworks lit up the sky in old town at the stroke of midnight there. a lot of fun for the whole family. children had a chance to get their faces painted, do a little dancing there. live music, lots of food as well. 2013 off to a bit of a chilly start. >> meteorologist tom kierein is on the storm team 4 weather deck. how about it, tom? pretty chilly out there? >> the revelers have gone to sleep. it's all quiet now here in northwest washington and it's calm and cold. starting off this morning, we've got a cloudy sky all over the region. as we take a look at the radar, we've had some sprinkles of light rain. those areas in green. passing mainly just south and southea
but there was an early morning vote on a deal to get us off the fiscal cliff. in just a moment, exactly what senators agreed to and why we're not out of the woods just yet. first, welcome back to news4 today and happy new year to you folks. i'm aaron gilchrist. >> i'm erika gonzalez in for eun yang. >> there's a party. hundreds of people gathering for the annual first-night celebration in alexandria. fireworks lit up the sky in old town at the stroke of midnight there. a lot of fun...
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the country technically does go over the fiscal cliff, even as a deal was struck. >> but the midnight deadline came and went with lawmakers still scrambling. it is tuesday, january 1, 2013. >> from abc news, this is "world news now." >> good morning, everybody. i'm john muller in for rob nelson. >> and i'm paula faris. in washington, it was an 11th hour deal as the clock struck midnight. we're going to get the latest on this tangled fiscal cliff talks in a moment. but the senate has just passed it. now it's up to the house. >>> also this half hour, a health crisis for hillary clinton. we are now learning about the blood clot that was near her brain and how doctors are treating the secretary of state. she is lucky this didn't turn out to be fatal. >> absolutely lucky. >>> welcoming in 2013. the crowds, the cops, the confetti, the cold weather. it's got to be new year's eve in times square. we'll take you there. >> of course, the party is not just in new york. we'll drop in on some new year's eve celebrations around the globe. big cities are doing it right. >> absolutely. >>> but first,
the country technically does go over the fiscal cliff, even as a deal was struck. >> but the midnight deadline came and went with lawmakers still scrambling. it is tuesday, january 1, 2013. >> from abc news, this is "world news now." >> good morning, everybody. i'm john muller in for rob nelson. >> and i'm paula faris. in washington, it was an 11th hour deal as the clock struck midnight. we're going to get the latest on this tangled fiscal cliff talks in a...
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as a result we are going of the fiscal cliff. joining me now, former adviser to president george w. bush and doug shown, democratic strategist and fox news contributor. welcome to you both. >> thank you so much. gerri: am i surprised by what is happenin no. and my interest? no. and so of start with you. how would you grade the president's lead on this issue today? >> well, i'm not trying to give anyone a good mark, the president by and certainly not congress. i hope my colleag in the spirit of the new year would recognizthat the entire political establishment has let us down. we are going to get at best that deal on taxes, not going to get anything to reform entitlements or spending. in my question to you, do you think republicans in the house should vote for this deal? gerri: wait a minute. before you go to that i want to mention, we ould acknowledge your that there is still a possibility the senate will vot on these ideas that we have described ad nauseam today about extending tax cuts for single ardors of 400,000 less couples, families of 450,000 less, that could be voted on in t
as a result we are going of the fiscal cliff. joining me now, former adviser to president george w. bush and doug shown, democratic strategist and fox news contributor. welcome to you both. >> thank you so much. gerri: am i surprised by what is happenin no. and my interest? no. and so of start with you. how would you grade the president's lead on this issue today? >> well, i'm not trying to give anyone a good mark, the president by and certainly not congress. i hope my colleag in...
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over the edge of the fiscal cliff. no deal written in stones, but the markets still believe -- 139 points for the dow jones industrials -- that there may be some type of deal. join us now, allison deans, the senior adviser at varick asset management. we brought you in because you're so good at this kind of stuff, and we thought what we should invest in there is no deal or if there is a deal. what's your mind telling you? >> i think there will be a deal. i think if it doesn't happen tonight, they'll exing tend -- extend some of the benefits, and my sense is it'll be a compromise for both parties. it's just a shame they wait until the very last minute waiting to see what will happen. liz: we have on your screen what people's income is and what kind of extra tax you might endure if we were to go over the fiscal cliff. and as we let people absorb these numbers, there are also a bunch of other issues, you know, 800,000 pentagon workers could be furloughed, all kinds of other issues where emergency unemployment benefits migh
over the edge of the fiscal cliff. no deal written in stones, but the markets still believe -- 139 points for the dow jones industrials -- that there may be some type of deal. join us now, allison deans, the senior adviser at varick asset management. we brought you in because you're so good at this kind of stuff, and we thought what we should invest in there is no deal or if there is a deal. what's your mind telling you? >> i think there will be a deal. i think if it doesn't happen...
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we're going to do this in steps meaning a fiscal cliff deal. the question for the market at this point is how much of a deal will come out of this, will it be a partial going over the cliff, or will it be -- will it be one of the band-aid measures that wall street wasn't hoping for. with one of these sort of half deals or partial deals, what wall street winds up getting is more question marks. not really some -- solid rules of the road that continue getting this uncertainty about where taxes may be. so, you know, we are seeing the dow up right now 47 points. but the dow is off its highs of the session, simply because it doesn't look like it is going to be a full deal as far as investors feel that they think it is going to be more of a band aid measure. >> like a series of mood swings and the american public wants to know where they stand. that's pretty much the bottom line. let me ask, the form bill, another big concern, top congressional leaders say they have reached a deal. but yet to vote on an extension. if congress fails to act, well, an i
we're going to do this in steps meaning a fiscal cliff deal. the question for the market at this point is how much of a deal will come out of this, will it be a partial going over the cliff, or will it be -- will it be one of the band-aid measures that wall street wasn't hoping for. with one of these sort of half deals or partial deals, what wall street winds up getting is more question marks. not really some -- solid rules of the road that continue getting this uncertainty about where taxes...
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we can forget all that stuff, and we'll know if there's a deal on the fiscal cliff or not and what either outcome means for you and your money. we'll talk to sheila bair, former fdic chairwoman. and texas congressman lloyd daggett. so much to talk about tomorrow. i certainly hope a deal has been done. >> nice to work with you. >> are you going to go to times square? >> i'm going to run the park. 2013 starts with a run. i conned my wife into it as well. she'll join me. >> happy new year to you. >> cnn newsroom with suzanne malveaux begins now. >>> happy new year. stories we're watching now. hours by hour, inch by inch, the nation sliding closer to the fiscal cliff. we'll have more on this morning's negotiations and what we'll lose if those talks fail. and workers in some states may see a pay raise but may not notice much of a difference. >>> guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. we're live at the white house with the latest details. plus this. >> reporter: i'm alina cho in times square, where just hours from now new york w
we can forget all that stuff, and we'll know if there's a deal on the fiscal cliff or not and what either outcome means for you and your money. we'll talk to sheila bair, former fdic chairwoman. and texas congressman lloyd daggett. so much to talk about tomorrow. i certainly hope a deal has been done. >> nice to work with you. >> are you going to go to times square? >> i'm going to run the park. 2013 starts with a run. i conned my wife into it as well. she'll join me. >>...
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the nation from going over the fiscal cliff. >>> the american academy of pediatrics has released a new statement encouraging elementary schools to let kids have their play time. recess gives children the opportunity to develop skills that can't be taught in the classroom, that it should not serve as a substitute for phys. ed. class. fond farewell 75 watt incandescent light bulb. under law, they can no longer be produced or imported as of january 1st though retailers can clear their remaining stocks. government will turn out the lights on traditional 60 and 40-watt bulbs in 2014. >>> it's what everyone is talking about, i think. reality tv star kim kardashian and rapper kanye west are expecting their first child. west made the announcement last night at a concert in atlantic city. west is 35. kardashian is 32, she is in the process of divorcing kris humphries, whom she married in 2011. >>> still ruled at the box office, stayed on top for a third straight week despite serious competition. "djang unchained" debuted in second place and "les mis" came in third. >>> long underwear may be a m
the nation from going over the fiscal cliff. >>> the american academy of pediatrics has released a new statement encouraging elementary schools to let kids have their play time. recess gives children the opportunity to develop skills that can't be taught in the classroom, that it should not serve as a substitute for phys. ed. class. fond farewell 75 watt incandescent light bulb. under law, they can no longer be produced or imported as of january 1st though retailers can clear their...
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the nation now just hours from going over the fiscal cliff after lawmakers fail to reach a deal over the weekend. could a last-minute push from vice president joe biden get something done before your taxes go up? >>> and oh, baby. kanye wecakanye west surprises y announcing his girlfriend, kim kardashian, is pregnant with their first child. how her family is reacting to the news "today," monday, december 31st, 2012. >> announcer: from nbc news, this is "today" with matt lauer and savannah guthrie live from studio 1a in rockefeller plaza. >> welcome to "today" on a very busy monday morning. i'm willie geist. >> and i'm erica hill. matt and savannah have the morning off. >>> we'll have the latest on secretary of state clinton's condition in a live report straight ahead. it is the last day of 2012. >> you and i are both in the same situation with young children. >>> people filing into times square in new york city. it is the world's biggest party. of course, security will be extremely tight. we'll check in on celebrations there and around the world. >> then we'll catch up with three wom
the nation now just hours from going over the fiscal cliff after lawmakers fail to reach a deal over the weekend. could a last-minute push from vice president joe biden get something done before your taxes go up? >>> and oh, baby. kanye wecakanye west surprises y announcing his girlfriend, kim kardashian, is pregnant with their first child. how her family is reacting to the news "today," monday, december 31st, 2012. >> announcer: from nbc news, this is "today"...
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because no deal to avoid a fiscal cliff there is major uncertainty . investors are embracing for trading. dow plunge would 158 points on friday. it was the longest state of losses since july. there is a sell off over seas today to lock in profits. >> another major health scare for secretary of state hillary clinton. >> she was supposed to be back on the job this week. she is instead waking up in new york city hospital new york presbyterian. a blood clot in a follow-up exam. she was forced to cancel the hearing. lawmakers said a hillary clinton must testify before a vote can happen with senator john kerry. nine people are killed and two doysen are injured when a bus crashed off a highway. the bus was driving through a mountain pass. the bus plummled 200 feet down the slope. >> famous ball drop in sometimes square. beefing up security and thousands of extra chromes scattered in the crowd. trust me they are e top of unifs there will be bomb sniffing dogs commissioner ray kelly will said times square will be the safest place on new york's eve. >> you can s
because no deal to avoid a fiscal cliff there is major uncertainty . investors are embracing for trading. dow plunge would 158 points on friday. it was the longest state of losses since july. there is a sell off over seas today to lock in profits. >> another major health scare for secretary of state hillary clinton. >> she was supposed to be back on the job this week. she is instead waking up in new york city hospital new york presbyterian. a blood clot in a follow-up exam. she was...
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still no deal on the fiscal cliff. are the democrats and republicans too far apart at this point to reach a deal before midnight? i hope not. >> is the cliff armageddon for the defense department. what these defense cuts would mean for national security. >>> a health scare for hillary clinton. what doctors say happened and an update on her condition. >> i'm ali velshi. >> and i'm christine romans. >> and i'm dr. sanjay gupta. john and zoraida are both off. >>> millions of americans will countdown to a fiscal cliff. a development that could send the nation back to recession. yesterday, the two parties turned to their respective closers, vice president joe biden and senate minority leader mitch mcconnell to get a back door deal done. the republican is not giving up. >> i'm interested in getting a result here. willing to work with whoever can help. there is no single issue that remains an impossible sticking point. >> all right according to the president, there has always been and still is one big sticking point. raising
still no deal on the fiscal cliff. are the democrats and republicans too far apart at this point to reach a deal before midnight? i hope not. >> is the cliff armageddon for the defense department. what these defense cuts would mean for national security. >>> a health scare for hillary clinton. what doctors say happened and an update on her condition. >> i'm ali velshi. >> and i'm christine romans. >> and i'm dr. sanjay gupta. john and zoraida are both off....
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to avert the fiscal cliff. i'm veronica de la cruz. now back to the program. >>> for six weeks high school sophomore jasmine hahn was missing, but her family's search ended in tragedy when a battered body was found dumped in the snow only six miles from her home. >> to see a body in that condition was pretty bad. her torso was basically cut in half. >> with some 20 years on the job, sergeant phil wengroski says the crime scene was the most brutal he's ever encountered. >> there were bite marks on her. the type of lacerations that she sustained were indicative of possible torture. so prior to death she was tortured with a knife. she was bit. you name it. >> police say jasmine was tortured and murdered here in this second-floor bedroom and that the killer made a failed attempt to cut her in half. he then threw her out the window, set the bedroom on fire, and fled. >> he couldn't pick her up because her torso was almost chopped in half. so he just left her on the cement patio there and took off. >> detectives quic
to avert the fiscal cliff. i'm veronica de la cruz. now back to the program. >>> for six weeks high school sophomore jasmine hahn was missing, but her family's search ended in tragedy when a battered body was found dumped in the snow only six miles from her home. >> to see a body in that condition was pretty bad. her torso was basically cut in half. >> with some 20 years on the job, sergeant phil wengroski says the crime scene was the most brutal he's ever encountered....
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with just hours yet to go, congress has yet to reach a deal on the fiscal cliff. the senate does reconvene at 11:00 a.m. this morn, monday. i'm veronica delacruz, let's get you back to the program. >>> take a ride on any prostitution track in any big city in america and you'll see waves of young women trading their bodies for quick cash. but what you don't see is the pain and despair burning inside many of these girls who are often coping with the fallout from child sexual abuse. >> i was sexually abused four times by the time i was 10. >> like many of the women and young girls forced to strip or perform sex acts for money, raleigh was a good kid whose innocent childhood was suddenly cut short by sexual abuse. >> if it's continuously happening to you like it was to me, you start to feel like what are you good for, what are you here for? i sometimes used to ask myself in the mirror, why am i here? >> she started ditching school. her grades sunk. >> raleigh's mother, jean, reached her wit's end as she watched her daughter's young life go off the rails in high school
with just hours yet to go, congress has yet to reach a deal on the fiscal cliff. the senate does reconvene at 11:00 a.m. this morn, monday. i'm veronica delacruz, let's get you back to the program. >>> take a ride on any prostitution track in any big city in america and you'll see waves of young women trading their bodies for quick cash. but what you don't see is the pain and despair burning inside many of these girls who are often coping with the fallout from child sexual abuse....
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and i think that the issue that we're dealing with right now on the fiscal cliff is a prime example of it. what i'm arguing for are maintaining tax cuts for 98% of americans. you know, i don't think anybody would consider that some liberal left wing agenda. that used to be considered a pretty mainstream republican agenda. and it's something that we can accomplish today if we simply allow for a vote in the senate and in the house to get it done. the fact that it's not happening is an indication of, you know, how far certain factions inside the republican party have gone where they can't even accept what used to be considered centrist mainstream positions on these issues. now i remain optimistic. you know, i'm just a general optomist, that eventually people kind of see the light. you know, winston churchill used to say that we americans, you know, we try every other option before we finally do the right thing. after everything else is exhausted, we eventually do the right thing. and i think that that's true for congress as well. and i think it's also important for americans to remember t
and i think that the issue that we're dealing with right now on the fiscal cliff is a prime example of it. what i'm arguing for are maintaining tax cuts for 98% of americans. you know, i don't think anybody would consider that some liberal left wing agenda. that used to be considered a pretty mainstream republican agenda. and it's something that we can accomplish today if we simply allow for a vote in the senate and in the house to get it done. the fact that it's not happening is an indication...
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the fiscal cliff crisis. at this point, the approaching deadline can be measured in hours, and expectations are being scaled down accordingly. >> i suggested to them, if they can't do a comprehensive package of smart deficit reduction, let's, at minimum, make sure people's taxes don't go up. >> the president appearing on "meet the press" this morning, pushing a narrow last-minute deal that would extend the bush tax cuts for the middle class but leave a hoet of other issues unresolved. if congress does reach a small deal on taxes before the fiscal cliff deadlines up, their next fight over the dead ceiling will be queued up and ready to go. whether or not we go over the fiscal cliff tomorrow night, a political stand-off over the debt ceiling is imminent. joining us sort through all of this current and future fiscal crises is ezra klein. at "the washington post" as well as columnist for bloomberg view. thanks for joining us. you addressed the issue of what happens next, i saw you on rachel's show friday. your th
the fiscal cliff crisis. at this point, the approaching deadline can be measured in hours, and expectations are being scaled down accordingly. >> i suggested to them, if they can't do a comprehensive package of smart deficit reduction, let's, at minimum, make sure people's taxes don't go up. >> the president appearing on "meet the press" this morning, pushing a narrow last-minute deal that would extend the bush tax cuts for the middle class but leave a hoet of other issues...
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and i think that the issue that we're dealing with right now in the fiscal cliff is a prime example of it. what i'm arguing for are maintaining tax cuts for 98% of americans. i don't think anybody would consider that some liberal left-wing agenda. that used to be considered a pretty mainstream republican agenda. and it's something that we can accomplish today, if we simply allow for a vote in the senate and in the house to get it done. the fact that it's not happening is an indication of you know, how far certain factions inside the republican party have gone where they, they can't even accept what used to be considered centrist mainstream positions on these issues. now i remain optimistic, i'm just a congenital optimist, that eventually people kind of see the light. winston churchill used to say that we americans, we try every other option before we finally do the right thing. after everything else is exhausted, we eventually do the right thing. and i think that that's true for congress as well. and i think it's also important for americans to remember that politic has always been mes
and i think that the issue that we're dealing with right now in the fiscal cliff is a prime example of it. what i'm arguing for are maintaining tax cuts for 98% of americans. i don't think anybody would consider that some liberal left-wing agenda. that used to be considered a pretty mainstream republican agenda. and it's something that we can accomplish today, if we simply allow for a vote in the senate and in the house to get it done. the fact that it's not happening is an indication of you...
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>> which one a tax reform deal or the fiscal cliff deal? >> no, the fiscal cliff deal, and what might they be arriving at in the next day or so? >> well, here is what we are hearing. i will believe none of it until i see it. >> right. >> the rates will go up for high income people, and we don't know how high income, president obama wants $250,000 as the threshold, but republicans are pushing for more than $400,000, but it is splitting hairs at a certain point and especially now in the 11th hour or less than 30 hours away from the deadline. so we will see that, and we hope that they are going to put an amt patch in to protect the middle-class in from playing the wealth year for tax year 2012 yet, and we are totally running out of time on that one, and we have a bunch of tax extenders for businesses and individuals and they have expired and will they extend those? and the payroll tax will certainly expire and nobody is talking about that. the first pay xhek in jcheck in will be smaller regardless because of that. >> and you are so good at giv
>> which one a tax reform deal or the fiscal cliff deal? >> no, the fiscal cliff deal, and what might they be arriving at in the next day or so? >> well, here is what we are hearing. i will believe none of it until i see it. >> right. >> the rates will go up for high income people, and we don't know how high income, president obama wants $250,000 as the threshold, but republicans are pushing for more than $400,000, but it is splitting hairs at a certain point and...
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just 30 hours remain before the country goes over the fiscal cliff, and we're still waiting for a deal. good evening. i'm chris jansing. the senate is going home for tonight. democratic and republican leaders had hoped to reach an agreement by 3:00 this afternoon. >> i was really glad to hear republicans have taken their demand for social security benefit cuts off the table. the truth is, it should never have been on the table to begin with. there's still significant distance between the two sides, but negotiations continue. there's still time left to reach an agreement, and we intend to continue negotiations. i ask unanimous content that the senate proceed tomorrow morning. >> earlier, they took to the floor to explain the setback in negotiations this morning. >> i'm concerned about the lack of urgency here. i think we all know we're running out of time. this is far too much at stake for political gamesmanship. the consequences of this are too high for the american people to be engaged in a political messaging campaign. i'm interested in getting a result here. >> this morning, we've b
just 30 hours remain before the country goes over the fiscal cliff, and we're still waiting for a deal. good evening. i'm chris jansing. the senate is going home for tonight. democratic and republican leaders had hoped to reach an agreement by 3:00 this afternoon. >> i was really glad to hear republicans have taken their demand for social security benefit cuts off the table. the truth is, it should never have been on the table to begin with. there's still significant distance between the...
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. >> 30 hours to go until the country hits the fiscal cliff and still no deal. i'm melissa rayberger, and the white house has sent one of its top negotiators to capitol hill, but right now it's all centered on the senate, and as democrats dig in to protect social programs, republicans do the same on taxes. >> raising taxes to pay for new spending is not something that republicans believe this debate ought to be about. it ought to be about reducing the deficit and the debt, and what they are essentially suggesting is we want new taxes. we want higher taxes on people in this country to pay for new spending. >> so what happens next? with us nbc news capitol hill correspondent mike vic rah and nbc news white house correspondent kristen welker. mike, let's get started with you. what's happening right now in the senate. i understand there's an update on the chained cpi. >> reporter: they say the darkest hour right before the dawn, melissa. everybody ought to hope that's true, at least if you don't want to see your taxes go up on midnight on monday and tuesday night be
. >> 30 hours to go until the country hits the fiscal cliff and still no deal. i'm melissa rayberger, and the white house has sent one of its top negotiators to capitol hill, but right now it's all centered on the senate, and as democrats dig in to protect social programs, republicans do the same on taxes. >> raising taxes to pay for new spending is not something that republicans believe this debate ought to be about. it ought to be about reducing the deficit and the debt, and what...
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democrats and republicans are unable to make a deal to avoid the fiscal cliff. let's get political insight on the recent setback on the fiscal cliff discussions. i'm joined by richard good stein and robert trainm. a former communications director for rick santorum. talks have broken down for the moment. what do you think is going on behind closed doors right now on capitol hill? >> i think a lot more is going on than we know. i think the staff as well as perhaps maybe leader mcconnell and vice president biden and the administration are probably trying to hammer out some type of a deal here. i know there is consternation about the chain cpi. the president said even though this is unpopular i am willing to talk a little bit about chain cpi. now that the president said this let's talk about this and try to compromise here. >> there have been several phone conversations today between senator reid and president obama. what is your take on the white house involvement? >> well, look, obviously the white house is pivotal here. i mean, the president litigated all of thes
democrats and republicans are unable to make a deal to avoid the fiscal cliff. let's get political insight on the recent setback on the fiscal cliff discussions. i'm joined by richard good stein and robert trainm. a former communications director for rick santorum. talks have broken down for the moment. what do you think is going on behind closed doors right now on capitol hill? >> i think a lot more is going on than we know. i think the staff as well as perhaps maybe leader mcconnell and...
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there has been a major snag in the negotiations toward a fiscal cliff deal with fewer than two days remaining on the countdown clock, dana bash is on capitol hill. tell us what the main point of contention is now. >> there are few according to sources in both parties. the biggest one when it comes to the democrats, from their point of view, is the fact that republicans in an offer that they made last night included what is known as chained cpi in laymen's terms and in terms that matter to many americans, it would effectively make social security checks lower each month. >> we learned this from sources earlier. the senate majority leader, harry reid went to the senate floor and talked about the snag. list ton what he said. >> the one thing i do want to mention is that we're not going to have any social security cuts at this stage, that doesn't seem appropriate. we're open to just discussion about entitlement reforms, but we're going to have to take it in a different direction, the present status will not work. we're willing to make concessions as part of a balanced comprehensive agreement. but
there has been a major snag in the negotiations toward a fiscal cliff deal with fewer than two days remaining on the countdown clock, dana bash is on capitol hill. tell us what the main point of contention is now. >> there are few according to sources in both parties. the biggest one when it comes to the democrats, from their point of view, is the fact that republicans in an offer that they made last night included what is known as chained cpi in laymen's terms and in terms that matter to...
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and i think that the issue that we're dealing with right now in the fiscal cliff is a prime example of it. what i'm arguing for are maintaining tax cuts for 98% of americans. i don't think anybody would consider that some liberal left-wing agenda. that used to be considered a pretty mainstream republican agenda. and it's something that we can accomplish today. if we simply allow for a vote in the senate and in the house to get it done. the fact that it's not happening is an indication of you know, how far certain factions inside the republican party have gone where they, they can't even accept what used to be considered centrist mainstream positions on these issues. now i remain optimistic, i'm just a congenital optimist, that eventually people kind of see the light. winston churchill used to say that we americans, we try every other option before we finally do the right thing. after everything else is exhausted, we eventually do the right thing. and i think that that's true for congress as well. and i think it's also important for americans to remember that politic has always been mes
and i think that the issue that we're dealing with right now in the fiscal cliff is a prime example of it. what i'm arguing for are maintaining tax cuts for 98% of americans. i don't think anybody would consider that some liberal left-wing agenda. that used to be considered a pretty mainstream republican agenda. and it's something that we can accomplish today. if we simply allow for a vote in the senate and in the house to get it done. the fact that it's not happening is an indication of you...
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not all deals are created equal. we want to see a fiscal cliff deal. if it cuts the heck out of all kind of programs, then you can have a deal that is actually a real drag on the recovery as well. maybe not a recession, but a slower year than we otherwise would and slow growth. again, there's two percentage points in the payroll tax scheduled to increase on january 1. if you look at how negotiations are going, it looks like it's going to happen. the typical family's taxes by $1,000 over the course of a year. >> the final one, we are talking debt ceiling. you think the fiscal cliff thing is bad for the economy. you wait and see if they can't get the debt ceiling worked out. >> right. it's one thing to go over the fiscal cliff. that would be bad. we don't want to it happen. a recession may happen. it would be unfortunate. it's different than the u.s. defaulting on the debt. you know, we saw that back in august, 2011, we saw the downgrade of the credit rating. just by having the threat of not approving the debt ceiling increase and the possibility of defa
not all deals are created equal. we want to see a fiscal cliff deal. if it cuts the heck out of all kind of programs, then you can have a deal that is actually a real drag on the recovery as well. maybe not a recession, but a slower year than we otherwise would and slow growth. again, there's two percentage points in the payroll tax scheduled to increase on january 1. if you look at how negotiations are going, it looks like it's going to happen. the typical family's taxes by $1,000 over the...
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cliff deals. ed henry live at the white house with more. ed? >> the first time in over three years that the president appeared on a sunday talk show. he decided to put the onus on republicans saying that the fiscal cliff negotiations are up to them. gop leaders now say the president should stop playing the blame game. full details, coming up. the capital one cash rewards card gives ases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies
cliff deals. ed henry live at the white house with more. ed? >> the first time in over three years that the president appeared on a sunday talk show. he decided to put the onus on republicans saying that the fiscal cliff negotiations are up to them. gop leaders now say the president should stop playing the blame game. full details, coming up. the capital one cash rewards card gives ases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you...
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we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect. president obama is urging democrats and republicans to reach a deal. senate leaders are working on a last-minute compromise. that could be voted on tomorrow. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including the parents of those children managed to escape the cause of that accident is under investigation. >>> and stunning video of a plane crash outside of moscow, russia, the passenger plane overshot the runway and slammed into a highway yesterday. amazing video. four of the eight crew members on board were killed. there were no passengers on the plane and no one on the highway was hurt. the cause of that crash is under investigation. >>> and finally, a celebration at the vatican. about 40,000 young pilgrims from all across europe attende
we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect. president obama is urging democrats and republicans to reach a deal. senate leaders are working on a last-minute compromise. that could be voted on tomorrow. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say...
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we haven't heard much about whether a deal to avoid the fiscal cliff is in the works or out of the question. in what passes for a sign of hope, senate staff members spent saturday shuttling papers presumably containing proposals between harry reid and mitch mcconnell's offices. both the senate and house are meeting today. joins me touk at that about where things stand is darrell issa of california and done nan edwards and michigan senator debbie sab snow and jon ba wrasse o from wyoming. what's up? what is happening that you can tell us about? >> well, there's a lot of work going on right now on both sides of the aisle in the senate to come to an aagreement. to me there's take basic principle, and if everybody agrees we can go forward. that is, don't hold middle class families hostage to the debate about whether or not the wealthiest americans should get another tax cut. i would argue we can't afford it as a country, but the question is, are we going to allow middle class families to see their taxes go up while we have this debate? if we can agree we will continue tax cuts for the middle cl
we haven't heard much about whether a deal to avoid the fiscal cliff is in the works or out of the question. in what passes for a sign of hope, senate staff members spent saturday shuttling papers presumably containing proposals between harry reid and mitch mcconnell's offices. both the senate and house are meeting today. joins me touk at that about where things stand is darrell issa of california and done nan edwards and michigan senator debbie sab snow and jon ba wrasse o from wyoming. what's...
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if there's a fiscal cliff deal, you could see the markets rally. and on tuesday john boehner, the 113th congress is sworn in and john boehner is expected to be elected to his second term as house speaker by a vote in the house. we'll see if everyone plays nice in the sandbox and work together to solve the country's problems in 2013. if you're sitting down to breakfast, this bowl of cereal, that milk can get more expensive if a fiscal cliff deal is not reached. that gallon of milk might cost as much as $7. cnn's candy crowley spoke with secretary of agriculture tom vilsack. $7 milk? this is known as the dairy cliff, right? >> yes, it is. we've been so focused on other kinds of cliffs, but, in fact, because there is no farm bill, they revert back to some laws that were enacted in the 1940s. it would cause -- because milk won't be, if you will, propped up, it would cause milk prices too almost double, at least according to the agriculture secretary. they're working on a fix, something like that which hits consumers so hard. they'll notice that immedia
if there's a fiscal cliff deal, you could see the markets rally. and on tuesday john boehner, the 113th congress is sworn in and john boehner is expected to be elected to his second term as house speaker by a vote in the house. we'll see if everyone plays nice in the sandbox and work together to solve the country's problems in 2013. if you're sitting down to breakfast, this bowl of cereal, that milk can get more expensive if a fiscal cliff deal is not reached. that gallon of milk might cost as...
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fiscal cliff hanger, lawmakers scrambling to make a deal to keep sharp tax increases an spending cuts from taking effect in 36 hours. can washington get it done? we'll find out where the president stands as he talks exclusively to nbc news. >>> moments of impact. dramatic new images of the moment when a passenger jet crashed off the runway in russia on to a roadway killing four people. ♪ >>> and, fishy thing, this london fishmonger whose sales pitch has turned him into an internet sensation. the viral video that has millions of people around the world hooked, today, sunday, december 30th, 2012. >>> from nbc news this is "today" with lester holt and erica hill >>> i'm erica hill. >> i'm carl quintanilla. >> all eyes on washington. a number of americans wondering this morning why lawmakers have not yet been able to reach a deal to avoid the fiscal cliff. president obama spoke exclusively to nbc's david gregory. we are going to get a preview of what he has to say just ahead. >> it has been just two weeks since the tragedy of sandy hook elementary in connecticut. a teenager in californi
fiscal cliff hanger, lawmakers scrambling to make a deal to keep sharp tax increases an spending cuts from taking effect in 36 hours. can washington get it done? we'll find out where the president stands as he talks exclusively to nbc news. >>> moments of impact. dramatic new images of the moment when a passenger jet crashed off the runway in russia on to a roadway killing four people. ♪ >>> and, fishy thing, this london fishmonger whose sales pitch has turned him into an...
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the psychology of the fiscal cliff, and the sad truth is whether they do deal now or they thoughtfullyo a deal six months from now, really, nothing wl be accomplished. he fact is, public debt is consuming our economy. it's about 73%, regardless of what deal gets done. it will be about 73, 74% ten years from now. we've done nothing and nothing will be done to address social security, which is now officially running deficit, medicare, medicaid costs are growing ast nomically. at least do a dumb deal now and get people over theiscal cliff and kick the can down the road, that's going to happen anyway. >> steve, no deal, bad deal? i kind of feel like i'm playing poker. what do you think? >> i can't believe it, but i agree with jim. the most deficit reduction is going to come from no deal. and that's what we need. that's what this economy needs, the biggest threat to economic growth, if the deficit and the debt, 4 trillion, everybody talks about it as somome sort of grand bargain. it's barely a start. this isn't a fiscal cliff, it's a fiscal bun hill, let's slide down it. >> if we slide down,
the psychology of the fiscal cliff, and the sad truth is whether they do deal now or they thoughtfullyo a deal six months from now, really, nothing wl be accomplished. he fact is, public debt is consuming our economy. it's about 73%, regardless of what deal gets done. it will be about 73, 74% ten years from now. we've done nothing and nothing will be done to address social security, which is now officially running deficit, medicare, medicaid costs are growing ast nomically. at least do a dumb...
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cuts of the fiscal cliff. cry from a grand bargain that democrats and republicans were hopeful about. will playe redskins tonight. the redskins can still get in with a loss, but they will need help in the early game. how many layers of burgundy and gold will you need to wear? dave is standing by. bulk if you are going out there. the few women snow showers from yesterday's storm. in the sunshine. 33 at dulles. we have windchill values in the 20's. l be a chilly day from to end.g our high temperatures will be .0's 2 40's about 33 degrees. the winds will start to subside in the overnight hours. lots of layers of burgundy and gold. of the year, seasonally cool. 42-46. may be a mix of rain and snow. thereafter, keep that lead burgundy.
cuts of the fiscal cliff. cry from a grand bargain that democrats and republicans were hopeful about. will playe redskins tonight. the redskins can still get in with a loss, but they will need help in the early game. how many layers of burgundy and gold will you need to wear? dave is standing by. bulk if you are going out there. the few women snow showers from yesterday's storm. in the sunshine. 33 at dulles. we have windchill values in the 20's. l be a chilly day from to end.g our high...
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to avoid the fiscal cliff, or as chris hayes and i call it, the fiscal curve. the deadline is soft. it's not like every american is going to be handed a bill on january 1st and there's way to manage the damage if the country goes over. the senate is set to convene this afternoon with the house to follow tonight. there's a chance that a compromise will be reached, less than 48 hours before tax rates revert to their clinton dasher are levels and board across the board spending cuts talk effect. when the president took to the podium friday afternoon to urge the law enforcements to get their act together with he didn't exactly project confidence. >> this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> this may be why the president also said that if senate leaders can't produ
to avoid the fiscal cliff, or as chris hayes and i call it, the fiscal curve. the deadline is soft. it's not like every american is going to be handed a bill on january 1st and there's way to manage the damage if the country goes over. the senate is set to convene this afternoon with the house to follow tonight. there's a chance that a compromise will be reached, less than 48 hours before tax rates revert to their clinton dasher are levels and board across the board spending cuts talk effect....
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the clock is ticking and there's now less than 48 hours to get a fiscal cliff deal done. so can a compromise be reached before your wallet takes a hilt. the anchor of fox news sunday, a guy who knows his biz, chris wallace weighing in this hour. >> dave: maybe wake them up over on capitol hill. good news for the bush family, former president george h.w. bush is now out of intensive to be doing much better and we'll update his condition. >> clayton: and let me pull the spectacles off for this one. a newspaper publishing gun owners names not backing down. and what county they have now. >> dave: and put the glasses on to read. >> clayton: put them on for this part. "fox & friends" hour three starts right now. >> juliet: yes. ♪ >> here, i just looked at my twitter and it's blowing up with people yelling at me for having my tissues behind here. >> dave: etiquette, juliet in for ali. >> juliet: first of all, i have a cold. i can't reach back like this to grab my tissue box, i take a few and put them right here. everybody okay with that? everybody okay with that. >> clayton: t
the clock is ticking and there's now less than 48 hours to get a fiscal cliff deal done. so can a compromise be reached before your wallet takes a hilt. the anchor of fox news sunday, a guy who knows his biz, chris wallace weighing in this hour. >> dave: maybe wake them up over on capitol hill. good news for the bush family, former president george h.w. bush is now out of intensive to be doing much better and we'll update his condition. >> clayton: and let me pull the spectacles off...
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the fiscal cliff. on saturday, the president was at work here in the white house but all eyes were on the senate where negotiators were trading deal points and revenue figures to try to reach an agreement all sides can stomach. the baseline for the president, any bipartisan bill would have to extend unemployment insurance that would affect some 2 million americans and increase taxes for the highest income earners. but negotiators can still work out exactly where that tax increase would hit and whether they would halt an increase in the estate tax. in case those discussions break down, the president asked harry reid to prepare a separate bill to put on the floor of the senate that would raise taxes on households that earn $250,000 or more. now, that's really a democratic proposal and you could expect republicans to block it, so, rather than thinking of that as a stop gap measure, probably think of it as a political measure to shift the responsibility for failure on to republicans just before the nation
the fiscal cliff. on saturday, the president was at work here in the white house but all eyes were on the senate where negotiators were trading deal points and revenue figures to try to reach an agreement all sides can stomach. the baseline for the president, any bipartisan bill would have to extend unemployment insurance that would affect some 2 million americans and increase taxes for the highest income earners. but negotiators can still work out exactly where that tax increase would hit and...
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just two days to the fiscal cliff and rupps say they were in discussions all day saturday. if they can't reach a deal by new year's eve, taxes go up for every american and americans will suffer deep spending cuts. >>> new york city police have charge add 31-year-old woman to murder of a hate crime. she allegedly confessed to pushing a man in front of a subway on thursday. now back to "lockup." >>> in 1991, eddie lowery is paroled from prison. after serving nearly ten years behind bars for a rape he now says he didn't commit. lowery moves to kansas city, missouri. he gets a job at a ford motor plant on the assembly line. he marries teri and starts a new family. buys a house in the suburbs. but still, he's a man with a past. >> my prison number is 37839. i know it like my social security number. you know was known so long for that name. my first name was lowery. my last name was 37839. >> though lowery is out of prison, he's not free. in 1996, congress passes megan's law. it requires that the names and addresses of sex offenders be made available to the public. >> i was like,
just two days to the fiscal cliff and rupps say they were in discussions all day saturday. if they can't reach a deal by new year's eve, taxes go up for every american and americans will suffer deep spending cuts. >>> new york city police have charge add 31-year-old woman to murder of a hate crime. she allegedly confessed to pushing a man in front of a subway on thursday. now back to "lockup." >>> in 1991, eddie lowery is paroled from prison. after serving nearly ten...
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what else is at stake in the fiscal cliff? let's look at some other issues, things that we're not sure will be in a deal that comes out this week. at the top of that list, government spending cuts. that's about 8% to 10% in cuts to most every federal agency. also a pay cut for medicare doctors of 27% that would hit after january 1st. finally, don, there are a slew of other tax hikes. the alternative minimum tax is one that people talk about. the estate tax. these are all things that would affect average americans and which would hit on january 1st. so the fiscal cliff, it might be even bigger than people realize. don? >> lisa, thank you very much. >>> we've got a lot more planned for you this saturday night. here's what else is ahead. as our lawmakers wrestle with u.s. gun violence, chicago hits an awful milestone. 500 murders this year and counting. what's to blame? a former gang member and chicago's police superintendent join me live. >>> plus, president obama could tap this republican to lead the defense department. but not
what else is at stake in the fiscal cliff? let's look at some other issues, things that we're not sure will be in a deal that comes out this week. at the top of that list, government spending cuts. that's about 8% to 10% in cuts to most every federal agency. also a pay cut for medicare doctors of 27% that would hit after january 1st. finally, don, there are a slew of other tax hikes. the alternative minimum tax is one that people talk about. the estate tax. these are all things that would...